The US wage gap between men and women consistently drives calls for deep federal intervention into the labor market in the name of preventing discrimination. Analyzing that gap more critically reveals far less clarity about its causes and potential solutions. Vanessa Brown Calder explains in her essay in the new book, The War on Prices.
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Melnick’s most important insight from examining 70 years of desegregation efforts is simple, but it needs constant repetition: There is no giant judicial or policy lever we can pull to create the Coke ad ideal.
On Monday, the Federal Energy Regulatory Commission (FERC) issued a “watershed” new ruling addressing electricity transmission and the need to expand America’s power grid. The commission claims the new ruling, titled Order No. 1920 (a nod to FERC’s statutory roots), will cost‐effectively ensure a more reliable grid. However, if the rule is effective in getting a new wave of transmission projects built, it will be a gift to developers of solar and wind projects at the expense of consumers and taxpayers. Читать дальше...
The desire for community. The desire for empowerment rather than assignment to undesirable schools. Both likely explain why school choice, including independent charter schools and private choice vehicles, such as vouchers and education savings accounts, typically garner more support from African Americans than other racial and ethnic groups.
Qualified immunity has always been a failure—now it’s becoming an embarrassment to boot.
Rent control doesn't make housing more affordable. It makes affordable housing less available. Jeff Miron explains in his essay in the new book, The War on Prices.
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Governments around the world are weighing whether to launch central bank digital currencies, or CBDCs. But are CBDCs even a good idea?
If they are so disastrous, why do price controls keep reappearing?
The benefits accrue to the wealthy, while the rest of us pay the many unseen costs.
Today we’ve published two new essays for Cato’s Defending Globalization project on resource abundance and globalization and gaming.
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